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Tuesday, mar 11
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Tuesday, mar 11
Tag:
Consumer protection
Business
Cfpb
Drops Lawsuits Against PA Student Loan Servicer, Capital One
The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…
Sports
$39.5M In Fake Sports Gear Seized In Massive Crackdown Before Super Bowl LIX
Authorities confiscated $39.5 million worth of counterfeit sports merchandise ahead of Super Bowl LIX in New Orleans. More than 214,500 items were seized in the year-long crackdown, Immigration and Customs Enforcement said in a news release on Wednesday, Feb. 5. "Operation Team Player" targeted fake jerseys, hats, jewelry, and other memorabilia being sold to fans. Led by the National Intellectual Property Rights Coordination Center (IPR Center), the operation involved Homeland Security Investigations, Customs and Border Protection (CBP), and major sports leagues. The initia…
Business
Southwest Airlines Sued, Frontier Fined For Chronic Flight Delays: Feds
The federal government is suing Southwest Airlines and fined Frontier Airlines, accusing the carriers of illegally operating multiple chronically delayed flights and causing significant problems for travelers. The U.S. Department of Transportation filed a lawsuit against Southwest on Wednesday, Jan. 15, the DOT said in a news release. The suit filed in the U.S. District Court for the Northern District of California seeks maximum civil penalties against the airline. Federal regulators said they're cracking down on "unrealistic scheduling practices" by Southwest. "Airlines have a l…
Business
PA Attorney General Warns Consumers Amid Big Lots Bankruptcy, Closures
Attorney General Michelle Henry is warning Pennsylvanians to protect themselves as Big Lots closes its remaining 64 stores across the state amidst Chapter 11 bankruptcy proceedings. The retailer began going-out-of-business sales on Dec. 20, 2024, following a federal bankruptcy court order. Henry issued the alert on Friday, Jan. 10, to ensure consumers understand their rights and avoid potential financial losses during the liquidation process. “Consumers should take steps to safeguard their purchases and claims as Big Lots winds down operations,” Henry said. The Attorney General’s Office of…
Business
H&R Block Fined $7M For Deceptive 'Free' Filing Ads, Must Reform Tax Services: FTC
H&R Block will pay $7 million in federal fines for deceptive practices and must implement sweeping changes to its filing services in time for the 2025 tax season, officials said. H&R Block reached the settlement with the Federal Trade Commission, the agency announced in a news release on Wednesday, Jan. 8. The order requires the company to revamp its services and pay $7 million to compensate its customers. The settlement stemmed from a February 2024 complaint accusing H&R Block of forcing users to contact customer service to downgrade products. The tax filer was also a…
Business
Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info
The Federal Trade Commission (FTC) is sounding the alarm on a sophisticated new imposter scheme designed to steal your money and personal information. These scams are becoming increasingly convincing, but learning to spot the red flags can help you stay protected. How the Scam Works Initial Contact: Scammers pose as representatives from well-known companies, such as Amazon or a tech support service. They’ll claim there’s a routine issue, like suspicious charges on your account, a computer virus, or an account breach. Escalation: The scammers lie, saying your name is tied to serious …
News
Nationwide Recall Issued For Brand Of Eye Drops Over Contamination Risk
A nationwide recall has been issued for a specific lot of eye drops due to potential fungal contamination, which could cause serious eye infections. The recall involves lubricant eye drops under the Systane brand, manufactured by Alcon Laboratories, following a report of fungal material found in a sealed vial. No illnesses have been reported, but fungal contamination can pose vision-threatening risks and, in rare cases, life-threatening complications for immunocompromised individuals. Details of the recall: Specific brand: Systane Lubricant Eye Drops Ultra PF, Single Vials On-…
News
$49M Settlement Over Drug Price Manipulation Could Benefit Consumers: PA AG
If you purchased certain generic prescription drugs between 2010 and 2016, you might be eligible for a refund as part of a $49.1 million multistate settlement, Pennsylvania Attorney General Michelle Henry announced on Monday, Nov. 4. Pennsylvania joined 50 states and territories in a settlement with Heritage Pharmaceuticals and Apotex over alleged price manipulation and market control, impacting consumers by inflating prices and limiting competition. The companies will pay a combined $49.1 million and cooperate in ongoing multistate litigation, led by Connecticut, targeting 30 companies and …
Politics
Philly DA Sues Elon Musk, America PAC Over $1M Sweepstakes: Court Documents
The Philadelphia District Attorney's Office is suing Elon Musk and his America PAC over the $1 million sweepstakes both parties have been running at town halls in Pennsylvania. Musk and America PAC "are running an illegal lottery in Philadelphia (as well as throughout Pennsylvania)," the lawsuit states. The court document was posted online by CNN on Monday, Oct. 28. “The Philadelphia District Attorney is charged with protecting the public from public nuisances and unfair trade practices, including illegal lotteries," the Philadelphia District Attorney's Office said in a Monday, Oct. 28 news…
News
King Of Prussia Company Scammed Customers On Car Warranties, Lawsuit Says
Concord Auto Protect is being sued by the state Attorney General's Office for allegedly ripping off its customers. Prosecutors said the King of Prussia-based company sold customers full-coverage, after-market auto warranties then failed to provide full coverage. According to the lawsuit, Concord's owner Alon Salmon also refused to give refunds to dissatisfied buyers and dodged their phone calls. Authorities say they want restitution for Concord customers who "fell victim to the after-market vehicle warranty scam." "These consumers were falsely led to believe that, in sig…
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